Cheap Homes for Rent near Homewood, AL from $745 (32 Rentals)

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Search the lowest-cost Homes available for rent right now in Homewood.

property at 828 Beacon Pky E
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

828 Beacon Pky E, Unit A

828 Beacon Pky E
BirminghamAL35209
property at 3350 Altamont Rd S
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3350 Altamont Rd S, Unit E6

3350 Altamont Rd S
BirminghamAL35205

Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com

property at 3350 Altamont Rd S
$900 - $1,650
1 To 2 Bedroom Rentals
Available Now
Affordability

3350 Altamont Rd S

BirminghamAL35205
property at 1502 16th Ave S
$925
2 Bedroom Rentals
Available Now
Outdoors

1502 16th Ave S

BirminghamAL35205
property at 408 Skyview Dr
$950
1 Bedroom Rentals
Available Now
Affordability

408 Skyview Dr

BirminghamAL35209
property at 55 Hanover Cir
$1,000 - $1,100

Total Monthly Price

Base Rent$1,000 - $1,100

Total Monthly Price$1,000 - $1,100
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

55 Hanover Cir

BirminghamAL35205
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property at 456 1st St N
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

456 1st St N

BirminghamAL35204
property at 2409 Arlington Crescent
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 2 Bath Condo for Rent
Available Now

2409 Arlington Crescent, Unit D

2409 Arlington Crescent
BirminghamAL35205
property at 1801 2nd Ave N
$1,250 - $1,845
1 Bedroom Rentals
Available Now
Luxury

1801 2nd Ave N

BirminghamAL35203

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Homewood, AL Local Guide

Cheapest Available Homewood Homes for Rent and Nearby

 

The cheapest available rental home in Homewood, AL is a 2 Beds home found at 2028 Powderly Ave SW in the West End neighborhood priced from $745. 1645 18th Way SW in the West End neighborhood has the second lowest priced home, which is a 3 Beds rental home currently listed from $1,025. Here is today’s list of the most affordable Homewood homes for rent:

Home ListingModel NameBed/BathPriced From
2028 Powderly Ave SW2028 Powderly Ave SW2BR, 1BA$745
1645 18th Way SW1645 18th Way SW3BR, 1BA$1,025
1737 Grant Ave SW1737 Grant Ave SW3BR, 1BA$1,075
456 1st St N456 1st St N3BR, 2BA$1,275

Best Value Homes for Rent in Homewood, AL and Nearby

As of September 29, 2026 the best value rental home in the Homewood area is the $1.08 price per square foot 1605 15th St S Model at 1605 15th St S in the Smithfield neighborhood starting from $2,600. The second greatest value Homewood rental home is the 1412 15th St S Model at 1412 15th St S in the Smithfield neighborhood starting at $1,995 with a $0.88 price per square foot. Here is today’s list of the best values for Homewood homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1605 15th St S1605 15th St S4BR, 2.5BA$1.08
1412 15th St S1412 15th St S4BR, 2BA$0.88
2704 Wenonah Oxmoor Road2704 Wenonah Oxmoor Road3BR, 2.5BA$1.22
1150 14th Ave S1150 14th Ave S3BR, 2BA$1.18
824 Linbard Ln824 Linbard Ln3BR, 2.5BA$1.29
1675 19th St SW1675 19th St SW4BR, 1.5BA$1.25
1737 Grant Ave SW1737 Grant Ave SW3BR, 1BA$1.00
1645 18th Way SW1645 18th Way SW3BR, 1BA$1.14
2028 Powderly Ave SW2028 Powderly Ave SW2BR, 1BA$0.84
828 Beacon Pky E, Unit A828 Beacon Pky E1BR, 1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Homewood

What type of rentals are currently available in Homewood?

There are currently 496 Apartments for Rent in Homewood, AL with pricing that ranges from $595 to $14,545. There are also 172 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homewood ranging from $745 to $5,000.

What is the current price range for Rental Homes in Homewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Homewood ranges from $745 to $5,000 with an average monthly rent of $1,836.

How much are larger Three and Four Bedroom Rentals in Homewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Homewood range from $900 to $4,221, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $789.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

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